Acquisitions and Divestitures News in United Kingdom

Appeal against Loxley Planning Decision
12/17/2020 - UK Oil & Gas PLC announces that following detailed consultations with the Company's QC and planning advisers, the Company will now launch an appeal against Surrey County Council's ("SCC") 15 December ...
Vitol’s VPI Holdings to Acquire Four CCGT’s in the UK
12/15/2020 - VPI Holdings Ltd (“VPI”), a subsidiary of Vitol, announces it has agreed to acquire four CCGT’s from Drax Smart Generation Ltd (“Drax”), subject to conditions precedent. On completion, VPI will become...
Acquisition of Hartshed Resources in Transformational Deal
12/14/2020 - Agreement reached to acquire the remaining 78.4% interest in Hartshead Resources Limited (Hartshead or HRL) that Ansila Energy NL (Ansila, ANA or the Company) does not already own in an all share deal...
Hague and London Oil Announces Operations and Corporate Update
12/8/2020 - Hague and London Oil, an energy company with a diverse portfolio of production, development, appraisal and exploration assets primarily focused in the Southern North Sea, has announced that during the...
Rolls-Royce Signs Agreement to Sell its Civil Nuclear Business to Framatome
12/7/2020 - Rolls-Royce has signed an agreement to sell its civil nuclear instrumentation and control (I&C) business to Framatome. The I&C business includes all the Rolls-Royce activities and teams based in Greno...
Equinor Continues to Capture Value from Offshore Wind
12/4/2020 - Equinor has entered into an agreement with Eni to sell a 10% equity interest in the Dogger Bank Wind Farm A and B assets in the UK for a total consideration of around GBP 202.5 million. ...
UOG Announces Update on Crown Disposal Milestone Payment
12/4/2020 - United Oil & Gas PLC ("UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets offers an update on the milestone payment from Hibiscus Pet...
Deltic Energy Announces Formal Award of 6 Licences in the UK's 32nd Licensing Round
12/1/2020 - Deltic Energy Plc, the AIM quoted natural resources investing company progressing its high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to repor...
ReneSola Power Closed Sale of 4.3 MW Solar Projects in the UK
11/24/2020 - ReneSola Ltd, a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments L...
Acquisition of Doriemus Interest in Brockham Licence (PL 235)
10/21/2020 - On 23 September the Company announced that it had completed an equity fundraise to raise £1,000,000 before expenses (Placing), through the issue of 111,111,105 ordinary shares of £0.002 each in the ca...
PEDL143 Relinquishment
10/16/2020 - Egdon Resources plc notes the press release made by UK Oil & Gas PLC ("UKOG") the operator of PEDL143, where Egdon held a 18.4% interest. ...
Ballard Sells UAV Business to Honeywell
10/15/2020 - Ballard Power Systems has sold the Unmanned Aerial Vehicle (UAV) business assets of its subsidiary located in Southborough, Massachusetts to Honeywell International. ...
Union Jack Oil Announces North Kelsey Further Acquisition
10/14/2020 - Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, has announced a further 30% acquisition of PEDL241, containing the conventional, drill-ready, North Ke...
Lloyd’s Register Group Announces Sale of Energy Business to Inspirit Capital
10/7/2020 - Global professional services organisation, Lloyd’s Register Group (LR), has entered into a definitive agreement to sell its Energy business unit to Inspirit Capital, a London-based investment firm foc...
IGas Acquires Geothermal Energy Generation Business
9/16/2020 - IGas Energy has entered into a share purchase agreement ('SPA') to acquire GT Energy UK, a developer of deep geothermal heat projects onshore in the UK.

The acquisition is in line with IGas...
Atlantic Petroleum Provides Orlando Update
9/10/2020 - P/F Atlantic Petroleum announces that a notice (“Dispute Notice”) has been served on Decipher Production Limited (“Decipher”) disputing the accuracy of information they have supplied concerning the pr...
Dana Welcomes Award of Operated Licence near Tolmount Development Area
9/9/2020 - Dana Petroleum welcomes the recent award of a new license as Operator in the Southern North Sea next to the Tolmount Development area. As part of the UK’s 32nd Offshore Licensing Round, Dana was succe...
Ansila Energy Awarded 5 Blocks in UK 32nd Offshore Licensing Round
9/7/2020 - Ansila Energy NL notes the announcement made by the UK Oil & Gas Authority (OGA) on 3 September 2020 with respect to the provisional award of five contiguous blocks in the Southern North Sea (SNS), of...
Serica Awarded 4 Blocks in 32nd Round Licence Offer
9/4/2020 - Serica Energy plc notes the announcement from the Oil and Gas Authority that the Company’s wholly owned subsidiary, Serica Energy (UK) Limited, has been offered a new licence covering four UK Northern...
UOG Announces Provisional Award of 2 Blocks
9/3/2020 - United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce the provisional award of Blocks 15/18e and 15...

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